Yatra.Com Eyes 40 Pct Sales Growth In FY'15

Mumbai: Online travel company Yatra.com is looking at over 40 percent revenue growth next fiscal on expectations of increase in hotel bookings and holiday package business, according to a senior company executive.

"We expect 2014-15 to be much better than the current financial year, which has been a very challenging year for the industry. This year we invested into the hotel bookings business, which has doubled from FY'13, and is expected to be one of the major growth driver of our business going ahead," Yatra.com president Sharat Dhall told PTI here.

The company is also expecting its packages business to double in the next financial year, he added.

"On the back of the hotel bookings and packages business, we are expecting about 40 percent revenue growth in 2014-15," he said.

 

The company, he said, expects about 20-25 percent growth in revenue during FY'14.

At present, hotel bookings constitute 15 per cent of the business, holiday packages around 20 percent and flight bookings account for the rest, he said.

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Source: PTI